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Oregon leaders go to bat for ballpark but skeptics say 'the finances don't make a lot of sense'

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The plan needs to overcome questions about funding and the stadium site. Backers also need an owner willing to spend billions for an MLB team.
Oregon leaders are actively supporting a proposed $1.3 billion ballpark project in Portland, intended to attract a Major League Baseball team to the city. The project, backed by local business leaders and politicians, is seen as a way to boost economic development and revitalize the area. However, skeptics, including some economists and local residents, argue that the financial projections for the ballpark do not make sense, questioning the return on investment and the use of public funds for the project. They point out that similar projects in other cities have not always delivered the promised economic benefits and express concerns about the potential burden on taxpayers. Despite these criticisms, proponents remain optimistic, emphasizing the potential for job creation and increased tourism.

Read the Full Oregonian Article at:
[ https://www.oregonlive.com/business/2025/04/oregon-leaders-go-to-bat-for-ballpark-but-skeptics-say-the-finances-dont-make-a-lot-of-sense.html ]